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Intergenerational Accounting and Saving in Australia

John Ablett

The Economic Record, 1996, vol. 72, issue 218, 236-245

Abstract: This paper generalizes the Kotlikqff type generational accounting notion of generational imbalance to include net private intergenerational transfers. The Kotlikqff identities are seen to be a subset of the overall intergenerational accounting identities. Simulations for Australia using the intergenerational accounting framework reveal a significant intergenerational imbalance to the detriment of future generations. This suggests current savings rates in Australia are inadequate to permit intergenerational balance.

Date: 1996
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https://doi.org/10.1111/j.1475-4932.1996.tb00956.x

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